Outcome of Board Meeting of the Company held on Friday, June 06, 2025.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board approved the audited financial results for the half year and full year ended March 31, 2025. Revenue grew about 26% year-on-year to Rs. 2,290.39 lakhs (from Rs. 1,810.86 lakhs), but profit after tax fell to Rs. 114.80 lakhs from Rs. 153.28 lakhs, with basic EPS at Rs. 7.66 vs Rs. 10.21. The company also appointed M/s. Ronak Sejpal & Associates as Internal Auditor for FY 2025-26. During the year, authorised share capital was raised and the company issued 1,74,500 equity shares via preferential placement at a Rs. 530 premium per share, including 34,000 shares allotted to promoters against a loan of Rs. 18.36 lakhs. Statutory auditors issued an unmodified opinion but flagged weak inventory records, pending trade balance confirmations, and unpaid income tax liabilities for three assessment years (AY 2021-22 to 2023-24).
Higher topline but weaker profitability and concerns flagged by auditors (inventory records, unpaid taxes) may temper positive sentiment. The preferential share issue strengthens the balance sheet — cash jumped from Rs. 24.26 lakhs to Rs. 879.40 lakhs — but dilution and promoter loan conversion are modest negatives for minority shareholders.